Every 8-K that Kartoon Studios Inc (TOON) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TOON and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TOON filings page.
Kartoon Studios, Inc. reported second quarter 2026 results while outlining a strategic shift toward owning and monetizing high‑value children’s intellectual property. Revenue for the quarter was $5.8 million, down from $10.3 million a year earlier, mainly due to lower production services activity at Mainframe Studios.
Total expenses fell 32% to $9.2 million, as direct operating costs declined and general and administrative expenses were reduced. Loss from operations was $3.4 million, similar to the prior‑year loss of $3.2 million despite the revenue decline. Other income, net, was $31.1 million, driven by a $39.2 million non‑recurring gain from litigation settlements, partly offset by a $4.0 million non‑operating charge related to a standstill and voting agreement and other items.
Net income for the quarter was $27.0 million, versus a net loss of $(6.3) million in the prior‑year period. As of June 30, 2026, Kartoon Studios held $40.5 million in cash and marketable securities and reported no long‑term debt, with total assets of $94.5 million. Management highlighted a new Amazon Prime distribution partnership for the Hundred Acre Wood franchise, continued development of the Stan Lee Universe, and the sale of the Frederator network business (retaining key IP) as part of a broader transformation toward a focused, IP‑driven, higher‑margin business model.
Kartoon Studios, Inc. entered into a streaming arrangement with Amazon Prime Video for its animated series HUNDRED ACRE WOOD, based on A.A. Milne's Winnie. The series is scheduled to begin streaming on Amazon Prime Video on February 18, 2027.
Amazon plans to promote the series and its episodes using prominent “Hero Banners” within its service. In addition, Amazon’s “Shop the Show” program will allow viewers to purchase products featuring HUNDRED ACRE WOOD characters while they are streaming the show, integrating e-commerce with the viewing experience.
Kartoon Studios, Inc. scheduled its 2026 Annual Meeting of Stockholders for October 21, 2026. Because this date is more than 30 days after the anniversary of the 2025 annual meeting, previously disclosed deadlines for stockholder proposals no longer apply.
Stockholders seeking to submit proposals for inclusion in proxy materials under Rule 14a-8, submit director nominations, or provide notice under Rule 14a-19 (Universal Proxy) must deliver required materials to the Corporate Secretary by 5:00 p.m. Pacific Time on August 16, 2026. The same deadline applies under the company’s bylaws for other proposals or director nominations, and any adjournment, recess, or postponement of the meeting will not extend these deadlines.
Kartoon Studios, Inc. announced the strategic sale of Frederator Networks’ Channel Network business in an all-cash transaction. Total cash consideration paid to Kartoon Studios was $500,000, while the company retains key Frederator Studios intellectual property, including Bee and PuppyCat, Bravest Warriors, Castlevania and Catbug, for distribution and product licensing opportunities.
Management states that this transaction separates businesses with different operating models and supports an ongoing strategy to focus resources on monetizing premium intellectual property, franchise development, animation production, global distribution and consumer-products commercialization.
Kartoon Studios, Inc. amended its previously filed disclosure about a preferred stock rights agreement to correct the Final Expiration Time of the rights to 5:00 p.m. New York City time on June 29, 2027. The company’s board approved this rights plan on July 1, 2026, issuing one right for each share of common stock held as of July 13, 2026. Each right allows the holder to buy one one-thousandth of a share of Series D Junior Participating Preferred Stock at a purchase price of $3.75, with terms designed to dilute any unapproved holder that acquires 10% or more of the common stock. The agreement also describes flip-in and flip-over features, a redemption right at $0.001 per right, an exchange feature of one common share per right, and standard anti-dilution adjustments.
Kartoon Studios, Inc. updated its governance structure and director protections. The board approved a new indemnification agreement giving directors and executive officers contractual rights to indemnification and advancement of expenses to the fullest extent permitted by Nevada law, in addition to existing protections in governing documents.
The company adopted extensive bylaw amendments effective July 1, 2026. Stockholders can no longer act by written consent, and only the board may call special meetings, which it may postpone, reschedule, or cancel. Stockholder list inspection rights are limited to holders meeting Nevada statutory ownership thresholds and procedural requirements.
The amendments introduce detailed advance notice rules for director nominations and other business, require compliance with Rule 14a-19, and give the chair broad authority over meeting conduct and adjournments. The board is now classified into two staggered classes, with vacancies filled solely by remaining directors. Removing a director and stockholder-initiated bylaw changes each require at least a two-thirds voting threshold. The bylaws also remove a prior provision making the Nevada Control Share Acquisition Statute inapplicable and designate a Nevada state court as the exclusive forum for key internal corporate disputes.
Kartoon Studios, Inc. adopted a limited duration stockholder rights plan and declared a dividend of one right for each share of common stock to holders of record on July 13, 2026. The plan is intended to protect shareholders if an investor builds a large, undisclosed stake.
Each right lets the holder buy one one-thousandth of a share of Series D Junior Participating Preferred Stock at $3.75 per right. If any non‑exempt holder acquires beneficial ownership of at least 10% of the common stock, other holders can purchase stock with a market value equal to twice the purchase price, significantly diluting the acquiring party.
The plan also includes “flip‑over” protection if Kartoon enters certain major mergers or asset sales and allows the Board to redeem all rights for $0.001 per right or exchange them for common stock. The rights expire at 5:00 p.m. New York time on July 29, 2027 unless earlier redeemed or exchanged.
Kartoon Studios, Inc. corrected an earlier disclosure and confirmed that a settlement agreement with an additional party in the Augenbaum v. Anson Investments Master Fund LP et al. action provides for aggregate settlement payments of $50,000,000 to the company, minus fees and expenses of plaintiff’s counsel.
The court approved this additional settlement on June 11, 2026, and has now approved all settlement agreements with the settling parties. The lawsuit continues against two remaining defendants, while Kartoon Studios and the settling parties have agreed to mutual releases.
Kartoon Studios, Inc. entered into a new settlement agreement with an additional party in the Augenbaum v. Anson Investments Master Fund LP et al. action. The Settling Party agreed to pay aggregate settlement payments of $50,00,000 minus fees and expenses of plaintiff’s counsel, with mutual releases between the parties.
On June 11, 2026, the court approved this settlement, meaning all settlement agreements with settling parties in the case have now been approved. The action continues against two remaining defendants that have not settled.
Kartoon Studios, Inc. reported that it has entered into settlement agreements with five parties in the Augenbaum v. Anson Investments Master Fund LP et al. litigation. The Settling Parties agreed to pay aggregate settlement payments of $28,475,000 minus fees and expenses of plaintiff’s counsel, subject to certain terms and conditions, and the parties agreed to mutual releases.
The court approved settlement agreements with three of the five Settling Parties on June 2, 2026 and June 4, 2026, while the remaining two agreements are pending court approval. This resolution provides a defined cash recovery to Kartoon Studios and reduces uncertainty related to this lawsuit, although final amounts will be net of legal fees and contingent on full court approval.
Kartoon Studios reported Q1 2026 results showing early benefits from its shift to an intellectual property-focused model. The company generated total revenue of $7.2 million for the quarter, as its streaming and distribution platforms gained traction and major franchises advanced toward market.
Distribution revenue rose 15% year-over-year, driven by higher engagement and monetization at Kartoon Channel! and Ameba, both of which reached record paid subscriber levels. Total operating expenses declined 20%, narrowing the loss from operations as cost controls and past platform investments improved efficiency.
The company continued to build its flagship franchises, including Hundred Acre Wood and the Stan Lee Universe, positioning them as multi-platform brands spanning content, licensing, and consumer products. Management emphasized a tech-forward, vertically integrated strategy designed to turn these properties into scalable, higher-margin revenue streams over time.
Kartoon Studios, Inc. entered a material definitive agreement with Continuation Capital, Inc. to settle outstanding obligations using stock instead of cash. The company agreed to issue 2,553,047 common shares to CCI in exchange for settling certain past due debts totaling $1,143,884 plus an additional $315,000.
A Florida state court approved the agreement on April 13, 2026, and it became binding on April 20, 2026 after NYSE American approved the share issuance. The unregistered shares will be issued at 1.75 shares per dollar of the company’s obligation under a Section 3(a)(10) Securities Act exemption.
Kartoon Studios reported full-year 2025 revenue of $39.4 million, up 21% from $32.6 million in 2024, driven mainly by strong growth in animation production services. Production services revenue reached $26.8 million, a 50% year-over-year increase, while loss from operations improved 24%, reflecting cost controls.
The company highlighted record subscribers and sharply higher engagement across Kartoon Channel! and Ameba, plus over 60% of projected 2026 production revenue already under contract. Its 2025 audited financial statements include an audit opinion with an explanatory paragraph about the company’s ability to continue as a going concern.
Kartoon Studios, Inc. reported that director Henry Sicignano has resigned from its Board of Directors, effective December 12, 2025. He served as a non-employee director and as chairman of the Audit Committee.
The company states that Sicignano resigned for personal reasons and that his decision was not due to any disagreement with Kartoon Studios, its management, the board, or any board committee regarding operations, policies, or practices. On December 12, 2025, Kartoon Studios entered into a consulting agreement with Sicignano, under which he will continue to provide services to the company, with the full agreement filed as an exhibit.
Kartoon Studios, Inc. reported new executive employment agreements and an equity-based settlement of certain obligations. Chief Financial Officer Brian Parisi will continue in his role for a two-year term starting January 1, 2026, with an annual base salary of $375,000 in the first year and $400,000 in the second year, plus eligibility for an annual performance bonus and 500,000 restricted stock units vesting over three years. Chief Operating Officer and General Counsel Michael Jaffa will serve under a three-year agreement effective November 14, 2025, with an initial $450,000 base salary that increases 5% annually, a $50,000 guaranteed bonus in December 2025, and 750,000 restricted stock units vesting over three years.
The company also entered into an agreement with Continuation Capital, Inc. to pay obligations totaling $968,612.79 by issuing up to 1,705,071 shares of common stock, at a rate of 1.75 shares per dollar of obligation. These shares will be issued as unregistered securities under an exemption provided by Section 3(a)(10) of the Securities Act of 1933, following approval by a Florida court and the NYSE American.
Kartoon Studios (TOON) furnished an 8-K announcing it issued a press release covering results for the quarter ended September 30, 2025. The press release is attached as Exhibit 99.1 and incorporated by reference into this report.
The company states the Item 2.02 information and Exhibit 99.1 are furnished, not filed, and are not incorporated by reference into other SEC filings. The report includes standard forward-looking statements language outlining business and financing risks.
Kartoon Studios (TOON) signed a financing deal comprising a registered direct offering and a concurrent private placement with an institutional investor. The company will sell 3,000,000 common shares and pre-funded warrants for up to 6,903,049 shares, and issue common warrants to purchase up to 9,903,049 shares at an exercise price of $0.738.
Gross proceeds are approximately $7.3 million, with closing expected on October 22, 2025, subject to customary conditions. Pricing was set at $0.738 per share plus common warrant and $0.737 per pre-funded warrant plus common warrant. Net proceeds are earmarked for working capital and corporate purposes, including launches and marketing for Hundred Acre Wood’s Winnie & Friends, Bitcoin Brigade, the Stan Lee Universe rollout, and Kartoon Channel! content growth.
The common warrants become exercisable six months after issuance and expire five years later; pre-funded warrants are immediately exercisable at $0.001. Beneficial ownership caps apply at 4.99% (or 9.99% upon election). The company agreed to issuance limits through January 31, 2026 and to avoid Variable Rate Transactions until October 20, 2027, with an ATM permitted starting October 20, 2026.
Kartoon Studios (TOON) appointed Jeffrey Schlesinger to its Board of Directors, effective October 10, 2025. The Board has not yet determined the committees on which he will serve. Mr. Schlesinger, 70, is the former President of Warner Bros. Worldwide Television Distribution, with three decades of operational, strategic, financial, and sales experience. He will receive the standard compensation provided to the company’s non-employee directors.
The company noted no family relationships or related‑party transactions under Item 404(a). A press release announcing the appointment was furnished as Exhibit 99.1 on October 17, 2025.
Kartoon Studios, Inc. entered into an Agreement with Continuation Capital, Inc. to satisfy obligations totaling $1,799,162.60 by issuing up to 3,148,535 shares of common stock. A Florida Circuit Court approved the Agreement on August 28, 2025, and NYSE American approved the share issuance on September 2, 2025.
The shares will be issued as an unregistered equity issuance at a rate of 1.75 shares per dollar of obligations under an exemption from registration provided by Section 3(a)(10) of the Securities Act of 1933. This converts liabilities owed to CCI into equity rather than cash payments.
Kartoon Studios, Inc. (TOON) submitted an 8-K disclosing the inclusion of an Employment Agreement with Andy Heyward dated August 25, 2025, filed as Exhibit 10.1, and an interactive cover page XBRL file (Exhibit 104). The filing lists standard checkboxes for Rule 425, Rule 14a-12, Rule 14d-2(b), and Rule 13e-4(c) communications but does not indicate that any of those categories apply. The document provides the exhibit descriptions and signatures by Michael Jaffa as General Counsel, but it does not include the text of the employment agreement or additional details about terms, compensation, responsibilities, or material effects on the company.
Kartoon Studios, Inc. filed a Form 8-K to furnish a press release announcing its results for the quarter ended June 30, 2025. The press release is attached as Exhibit 99.1 and is incorporated by reference, but the financial details are contained in that exhibit rather than in the body of this report.
The company clarifies that the information in this Form 8-K, including Exhibit 99.1, is being furnished, not filed, so it is not subject to certain liability provisions of the Exchange Act and is not automatically incorporated into other securities filings. The report also includes standard forward-looking statement language, highlighting risks such as the company’s ability to generate revenue or achieve profitability, obtain additional financing, potential dilution from issuing additional shares, competitive pressures in media and content distribution, and reliance on third-party production, promotion, and technology partners, as further described in its Annual Report on Form 10-K and later SEC filings.